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The Importance of Nominating Beneficiaries on your Insurances and Superannuation Accounts

by News.com.au | November 9, 2017

Most Australians are not aware of the importance of nominating beneficiaries on their insurance policies or superannuation accounts. Most people assume that if they were to ever pass away, the will they left behind will hold in court.

This article from News.com.au shows the importance of ensuring you nominate beneficiaries separately on your superannuation and insurance policies as it is at the superannuation company’s discretion on who they will pay your accounts to and will be dealt separately to your last will.

Click here to read the original article from News.com.au.

To prevent you or your family from ending up in this same situation, it is best that you speak to a legal counsel or contact us on 02 9223 0911 to speak to one of our financial advisers in relation to this matter.

 

References:

http://www.news.com.au/finance/money/costs/deceased-soldiers-family-devastated-after-tribunal-awards-his-daughters-less-than-onequarter-of-his-estate/news-story/b5a10d85a93c3e9c7a31f32dddaf96a9

 


 

Please note this information is of a general nature only and has been provided without taking account of your objectives, financial situation or needs. Because of this, we recommend you consider, with or without the assistance of a financial advisor, whether the information is appropriate in light of your particular needs and circumstances.

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